NAUKRINSEInfo Edge (India) Limited· Computers - SoftwareMediumNeutral
Announced Fri, 9 May · 18:12 IST

Info Edge (India) Limited has informed the Exchange regarding 'Intimation of credit confirmation of shares from Depositories with regard to sub-division / split of equity shares of the Company'.

Stock SplitCorporate Actions View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Info Edge (India) has confirmed that the sub-division of its equity shares has been completed in the depositories (NSDL and CDSL) effective May 8, 2025. Each equity share of face value ₹10 has been split into 5 equity shares of face value ₹2, with the new shares carrying ISIN INE663F01032. The total share capital remains unchanged at ₹1,29,58,41,200, but the number of paid-up shares has increased from approximately 12.96 crore to 64.79 crore. This is a procedural follow-up to the company's earlier communication dated April 14, 2025, announcing the stock split.

Likely market impact

Shareholders will now hold 5 times the number of shares they previously held, with the per-share price adjusting proportionally. This makes the stock more affordable for retail investors and improves liquidity, though the overall value of holdings remains unchanged.